BBC News: America's house price time bomb

lynzpower

Dithering_Dad wrote: »

It was those magnolia walls and well placed accessories so beloved of the House Doctor.

Were you around when someone came on here asking if anyone had done the property staging course and asking if it was good VFM?

http://www.housedoctor.co.uk/courses/000567.php

I bet I cant find that thread now it was over a year ago, but boy did I PSML and Im sure I made a somewhat caustic statement of "imagine how many boxes of candles and river stones you could buy for 895+vat" :rolleyes:

Pobby

Laminate floor, of course. Laminated the floors, ceilings and the walls, even the cat!

GDB2222

Can I just say that the banks are not going to be allowed to go bust on a widespread basis. There are two reasons for this:

1. The chairman of the Fed is an academic who specialised in the Depression era. He is well aware that the main cause of this was the demise of so many banks at that time. He is not going to repeat the same mistake. The lesson has been learned worldwide.

2. We can't run the country without banks. In fact, without them, we would be back in the stone age (or at least the middle ages) incredibly quickly. This country currently has a population of 60 million. With an agricultural economy in the middle ages, it supported 2 million. Consequently, rather than letting all the banks go bust and then having to start up new ones, it makes much more sense for the government simply to declare them solvent - with a govt solvency guarantee if necessary. You can grumble about the cost of this coming from the pockets of people still working, but the alternative is simply too dreadful.